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Side-by-side financial comparison of AvalonBay Communities (AVB) and CARTERS INC (CRI). Click either name above to swap in a different company.
AvalonBay Communities is the larger business by last-quarter revenue ($767.9M vs $757.8M, roughly 1.0× CARTERS INC). AvalonBay Communities runs the higher net margin — 9040.6% vs 1.5%, a 9039.0% gap on every dollar of revenue. On growth, AvalonBay Communities posted the faster year-over-year revenue change (3.7% vs -0.1%). AvalonBay Communities produced more free cash flow last quarter ($1.4B vs $-144.1M).
AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.
Carter's, Inc. is a major American designer and marketer of children's apparel. It was founded in 1865 by William Carter.
AVB vs CRI — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $767.9M | $757.8M |
| Net Profit | $166.0M | $11.6M |
| Gross Margin | — | 45.1% |
| Operating Margin | 64.2% | 3.8% |
| Net Margin | 9040.6% | 1.5% |
| Revenue YoY | 3.7% | -0.1% |
| Net Profit YoY | -41.2% | -80.1% |
| EPS (diluted) | $1.18 | $0.32 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $767.9M | — | ||
| Q3 25 | $766.8M | $757.8M | ||
| Q2 25 | $760.2M | $585.3M | ||
| Q1 25 | $745.9M | $629.8M | ||
| Q4 24 | $740.5M | — | ||
| Q3 24 | $734.3M | — | ||
| Q2 24 | $726.0M | — | ||
| Q1 24 | $712.9M | — |
| Q4 25 | $166.0M | — | ||
| Q3 25 | $381.3M | $11.6M | ||
| Q2 25 | $268.7M | $446.0K | ||
| Q1 25 | $236.6M | $15.5M | ||
| Q4 24 | $282.1M | — | ||
| Q3 24 | $372.5M | — | ||
| Q2 24 | $253.9M | — | ||
| Q1 24 | $173.4M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | 45.1% | ||
| Q2 25 | — | 48.1% | ||
| Q1 25 | — | 46.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 64.2% | — | ||
| Q3 25 | 65.7% | 3.8% | ||
| Q2 25 | 67.6% | 0.7% | ||
| Q1 25 | 68.5% | 4.1% | ||
| Q4 24 | 63.1% | — | ||
| Q3 24 | 65.4% | — | ||
| Q2 24 | 66.6% | — | ||
| Q1 24 | 67.2% | — |
| Q4 25 | 9040.6% | — | ||
| Q3 25 | 49.7% | 1.5% | ||
| Q2 25 | 35.3% | 0.1% | ||
| Q1 25 | 31.7% | 2.5% | ||
| Q4 24 | 38.1% | — | ||
| Q3 24 | 50.7% | — | ||
| Q2 24 | 35.0% | — | ||
| Q1 24 | 24.3% | — |
| Q4 25 | $1.18 | — | ||
| Q3 25 | $2.68 | $0.32 | ||
| Q2 25 | $1.88 | $0.01 | ||
| Q1 25 | $1.66 | $0.43 | ||
| Q4 24 | $1.99 | — | ||
| Q3 24 | $2.61 | — | ||
| Q2 24 | $1.78 | — | ||
| Q1 24 | $1.22 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $187.2M | $184.2M |
| Total DebtLower is stronger | $9.3B | — |
| Stockholders' EquityBook value | $11.6B | $864.6M |
| Total Assets | $22.2B | $2.5B |
| Debt / EquityLower = less leverage | 0.80× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $187.2M | — | ||
| Q3 25 | $123.3M | $184.2M | ||
| Q2 25 | $102.8M | $338.2M | ||
| Q1 25 | $53.3M | $320.8M | ||
| Q4 24 | $108.6M | — | ||
| Q3 24 | $552.4M | — | ||
| Q2 24 | $545.8M | — | ||
| Q1 24 | $287.9M | — |
| Q4 25 | $9.3B | — | ||
| Q3 25 | $8.7B | — | ||
| Q2 25 | $8.7B | — | ||
| Q1 25 | $8.3B | — | ||
| Q4 24 | $8.1B | — | ||
| Q3 24 | $8.4B | — | ||
| Q2 24 | $8.4B | — | ||
| Q1 24 | $8.0B | — |
| Q4 25 | $11.6B | — | ||
| Q3 25 | $11.9B | $864.6M | ||
| Q2 25 | $11.9B | $853.9M | ||
| Q1 25 | $11.9B | $847.2M | ||
| Q4 24 | $11.9B | — | ||
| Q3 24 | $11.9B | — | ||
| Q2 24 | $11.7B | — | ||
| Q1 24 | $11.7B | — |
| Q4 25 | $22.2B | — | ||
| Q3 25 | $21.9B | $2.5B | ||
| Q2 25 | $21.8B | $2.5B | ||
| Q1 25 | $21.2B | $2.3B | ||
| Q4 24 | $21.0B | — | ||
| Q3 24 | $21.3B | — | ||
| Q2 24 | $21.0B | — | ||
| Q1 24 | $20.6B | — |
| Q4 25 | 0.80× | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.70× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 0.70× | — | ||
| Q2 24 | 0.71× | — | ||
| Q1 24 | 0.68× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.7B | $-128.0M |
| Free Cash FlowOCF − Capex | $1.4B | $-144.1M |
| FCF MarginFCF / Revenue | 183.5% | -19.0% |
| Capex IntensityCapex / Revenue | 34.1% | 2.1% |
| Cash ConversionOCF / Net Profit | 10.07× | -11.04× |
| TTM Free Cash FlowTrailing 4 quarters | $2.5B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7B | — | ||
| Q3 25 | $477.0M | $-128.0M | ||
| Q2 25 | $377.8M | $40.3M | ||
| Q1 25 | $415.9M | $-48.6M | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $486.2M | — | ||
| Q2 24 | $380.0M | — | ||
| Q1 24 | $412.9M | — |
| Q4 25 | $1.4B | — | ||
| Q3 25 | $402.2M | $-144.1M | ||
| Q2 25 | $317.1M | $24.1M | ||
| Q1 25 | $367.5M | $-59.0M | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $434.2M | — | ||
| Q2 24 | $333.0M | — | ||
| Q1 24 | $375.4M | — |
| Q4 25 | 183.5% | — | ||
| Q3 25 | 52.5% | -19.0% | ||
| Q2 25 | 41.7% | 4.1% | ||
| Q1 25 | 49.3% | -9.4% | ||
| Q4 24 | 191.0% | — | ||
| Q3 24 | 59.1% | — | ||
| Q2 24 | 45.9% | — | ||
| Q1 24 | 52.7% | — |
| Q4 25 | 34.1% | — | ||
| Q3 25 | 9.8% | 2.1% | ||
| Q2 25 | 8.0% | 2.8% | ||
| Q1 25 | 6.5% | 1.6% | ||
| Q4 24 | 26.1% | — | ||
| Q3 24 | 7.1% | — | ||
| Q2 24 | 6.5% | — | ||
| Q1 24 | 5.3% | — |
| Q4 25 | 10.07× | — | ||
| Q3 25 | 1.25× | -11.04× | ||
| Q2 25 | 1.41× | 90.37× | ||
| Q1 25 | 1.76× | -3.13× | ||
| Q4 24 | 5.70× | — | ||
| Q3 24 | 1.31× | — | ||
| Q2 24 | 1.50× | — | ||
| Q1 24 | 2.38× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AVB
Segment breakdown not available.
CRI
| Sales Channel Directly To Consumer | $362.3M | 48% |
| Sales Channel Through Intermediary | $283.8M | 37% |
| Other | $110.4M | 15% |
| Gift Cards | $1.3M | 0% |
